FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Banco Inter Acquires FinTech Startup USEND

Banco Inter Acquires FinTech Startup USEND
Banco Inter Acquires FinTech Startup USEND
August 27, 2021  |  Partnerships / Acquisitions

Brazilian digital bank Banco Inter SA has reached an agreement to acquire FinTech startup USEND as part of its plan to reach beyond its South...

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Dollarsmart Global To Raise $20M For ASEAN Expansion
Dollarsmart Global To Raise $20M For ASEAN Expansion
August 27, 2021  |  Investments

Singapore-based DollarSmart Global (DSG) is pinning its hopes on an upcoming $20 million cash injection to help strengthen its operations and expand in its core...

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India Buckles Down On Digital With IIM Ahmedabad, Bank Of America Collab
India Buckles Down On Digital With IIM Ahmedabad, Bank Of America Collab
August 26, 2021  |  Innovation

India is dialing up digital development with the launch of the Centre for Digital Transformation (CDT), a joint collaboration between the Indian Institute of Management...

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US Bank Now Limited Partner in 2 FinTech VCs
US Bank Now Limited Partner in 2 FinTech VCs
August 26, 2021  |  Fintech Investments

Five years ago, U.S. Bank created a dedicated FinTech unit designed to find emerging companies that can help the bank improve its customers’ digital and...

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B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
B2B FinTech HUBUC Teams With Transact Payments To Issue Credit, Debit Cards
August 26, 2021  |  B2B Payments

Embedded financial services platform HUBUC, a Software-as-a-Service B2B company, announced on Thursday (Aug. 26) that it has joined forces with Transact Payments to offer physical...

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Flinks Gets $103M Jolt From National Bank of Canada 
Flinks Gets $103M Jolt From National Bank of Canada 
August 26, 2021  |  Investments

National Bank of Canada announced Wednesday (Aug. 25) it has invested $103 million in Montreal-based FinTech platform Flinks, including $30 million the company plans to...

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Mastercard’s Finicity Adds Automation To Loan Origination Software
Mastercard’s Finicity Adds Automation To Loan Origination Software
August 26, 2021  |  Loans

Mastercard FinTech company Finicity on Thursday (Aug. 26) announced an expansion of its one-touch mortgage verification service, which will now be integrated into ICE Mortgage...

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Brazilian FinTech Nubank Readies For IPO, Valuation Could Top $55B
Brazilian FinTech Nubank Readies For IPO, Valuation Could Top $55B
August 25, 2021  |  IPO

Nubank, a Brazil-based FinTech that has amassed more than 40 million clients in Latin America in part by looking for business among constituencies ignored by...

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Paytm, FinTechs Play Leading Role In Furthering India’s Financial Inclusion Agenda
Paytm, FinTechs Play Leading Role In Furthering India’s Financial Inclusion Agenda
August 25, 2021  |  Digital-First Banking

A new Financial Inclusion Index (FI-Index) created by India’s central bank shows that progress has been made toward bringing banking services to the country’s 1...

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